Management Committee & Board of Directors

Management Committee & Board of Directors

Management

Paul Galant

Chief Executive Officer

Mr. Galant has served as our CEO and a director since October 2013.

Prior to joining Verifone, Mr. Galant served as the CEO of Citigroup Inc.’s Enterprise Payments business since 2010. In this role, Mr. Galant oversaw the design, marketing and implementation of global business-to-consumer and consumer-to-business digital payments solutions. From 2009, Mr. Galant served as CEO of Citi Cards, heading Citigroup’s North American and International Credit Cards business. From 2007 to 2009, Mr. Galant served as CEO of Citi Transaction Services, a division of Citi’s Institutional Clients Group. From 2002 to 2007, Mr. Galant was the Global Head of the Cash Management business, one of the largest processors of payments globally. Mr. Galant joined Citigroup, a multinational financial services corporation, in 2000. Prior to joining Citigroup, Mr. Galant held positions at Donaldson, Lufkin & Jenrette, Smith Barney, and Credit Suisse.

Mr. Galant currently serves on the board of directors of Conduent Inc., a publicly-held business process services provider and APX Group Holdings, Inc., a privately-held home automation services provider.

Mr. Galant brings to our Board, among other skills and qualifications, leadership and expertise with respect to global payments solutions, broad knowledge of the payments and financial services industries, and leadership and management of complex, global organizations. Mr. Galant holds a Bachelor’s degree from Cornell University where he graduated a Phillip Merrill Scholar.

Vincent D’Agostino

Executive Vice President, Chief Strategy Officer

Vin D’Agostino joined Verifone in January 2014. As EVP and Chief Strategy Officer,
Vin is responsible for developing, communicating and executing Verifone’s strategy
with our CEO, as well as sustaining corporate strategic initiatives. Additionally,
Vin leads business development activities related to large-scale partnerships and
Verifone’s omni-channel work stream.

Prior to joining Verifone, Vin was an executive at JP Morgan Chase since 1985. Most
recently, he was responsible for the payment business’ enterprise strategy, corporate
development activities and the payment steering committee. Prior to his role at
JP Morgan Chase, he was a leader at LabMorgan, with responsibility for the incubation
and formation of a real-time e-payment platform, evaluating payment investments
and providing payment domain expertise. Prior to these roles, he served in various
leadership positions in finance, product management, and operations management in
Chase’s securities and payments businesses.

Vin has held various industry board positions during his career including chairman
of clearXchange, Early Warning Services and Austrapay; Square advisor; Advisory
Board of SVPCo; MasterCard Debit Advisory Board; BITS Advisory Board and Visa’s
International Advisory Board.

Vin holds a Bachelor of Science degree and MBA in finance from St. John’s University.

Marc E. Rothman

Executive Vice President & Chief Financial Officer

Marc Rothman joined Verifone as executive vice president and chief financial officer in February 2013, and is responsible for finance, information technology and real estate operations. Before joining VeriFone, he served as the chief financial officer of Motorola Mobility Inc., where he played a central role in Motorola Mobility’s spinoff from its former parent company, Motorola Inc., as well as its sale to Google in 2012. During his 12-year tenure at Motorola, Mr. Rothman also served in a number of senior finance leadership positions across the company, including chief financial officer in several of its global business segments (Public Safety, Networks and Enterprise, and Mobile Devices) and senior vice president and corporate controller. From 1995 to 2000, he was vice president, corporate controller at General Instrument Corp., which develops integrated and interactive broadband access solutions. Prior to that, Mr. Rothman spent eight years at Deloitte & Touche, Audit Advisory Services.

He holds a Bachelor’s degree in Business from Stockton University, where he graduated with Distinction and is a Certified Public Accountant in California (inactive).

Mr. Rothman is also a member of the board directors of Quantum Corporation, a leading expert in scale-out tiered storage, archive and data protection, and providing solutions for capturing, sharing and preserving digital assets over the entire data lifecycle.

Sheetal Shah

Chief Operations Officer

Sheetal Shah currently serves as chief operations officer at Verifone in which he
is responsible for Global Operations encompassing supply chain, sales operations,
quality, field services, call centers and program management serving customers in
more than 150 countries. Additionally, Sheetal is responsible for driving the product
management and delivery of our device services.

Previously he served as the chief procurement officer at Motorola Mobility, a Google
company. In this role, he was responsible for end-to-end global supplier management
including all commercial aspects and supplier new technology readiness. Earlier
in his career, he served as corporate vice president of Global Planning and Operations
at Motorola, where he developed innovative patent pending supplier sales and operational
processes. Sheetal started his career at Motorola as a DSP software engineer in
which he designed and commercially shipped automatic speech recognition and voice
annotation technology for Motorola handsets. He holds several patents in the areas
of speech recognition and audio processing.

Sheetal holds a Bachelor of Science and master’s degree in electrical engineering from the University of Florida with a specialization in digital signal processing.

Vikram Varma

General Counsel and Secretary

Vik currently oversees our legal, security and compliance functions.

He joined Verifone as Senior Corporate Counsel in March 2010 before moving into the role of Vice President, Associate General Counsel. In 2013 he became SVP, Deputy General Counsel and was promoted to General Counsel and Secretary in December 2017.

During his tenure at Verifone, Vik has successfully built a global legal and security department across Europe, Asia, EMEA, Latin America and North America. Vik also helped to develop Verifone’s litigation, intellectual property, enterprise risk, compliance and corporate legal teams, as well as Verifone’s mergers, acquisitions and divestiture activities. Prior to joining Verifone, Vik worked at the law firm of Sullivan & Cromwell LLP, where he practiced corporate law. Earlier in his career, he was a judicial law clerk on the U.S. Court of Appeals for the Ninth Circuit.

Vik received his J.D. from The University of Chicago Law School and is a member of the State Bar of California.

Joe Mach

President, Verifone North America

A 25-year veteran of the retail and technology industries, Joe Mach joined Verifone in 2000 and currently serves as President of North America. Joe is responsible for overseeing operations for our North America region, including financial, mobility, retail, transit, retail banking, hospitality, security, health care and government business units. Additionally, he is responsible for overseeing Verifone’s Global Petroleum Systems, which includes Petro Media Sales.

Joe previously served as SVP of North America Retail for over six years, with responsibility for driving growth within key market segments, including many large and mid-tier retail verticals. Additionally, he has served in a variety of sales, marketing and management roles.

Prior to joining Verifone, Joe spent 10 years at Datamax, a leading international provider of bar code printer and RFID solutions. During this time he served in several roles of increasing responsibility, such as international business development and vice president of OEM sales.

Joe holds a bachelor’s degree in Business Administration from Bethel University.

Carlos Lima

President, Verifone Latin America and the Caribbean

Carlos Lima joined Verifone as president of Latin America and the Caribbean in May 2015.
Carlos is responsible for leading payments and commerce solutions and delivering new and
innovative products and services throughout the LAC region.

Carlos’ experience has prepared him to help clients with virtually any payment-related issues.
Prior to joining Verifone, Carlos held senior leadership roles in Latin America, Europe and the
U.S. across retail, corporate banking, technology, and information systems with Barclays,
American Express and Citigroup. Most recently, he served as chief operating officer with Vantiv,
the second largest merchant acquirer in the U.S.

Carlos holds a Bachelor of Science degree in electrical engineering from Tulane University in
New Orleans and an MBA from the University of Miami.

Bulent Ozayaz

President, Verifone Eastern Europe, Middle East, and Africa (EEMEA)

As President of Eastern Europe, Middle East and Africa (EEMEA), Bulent Ozayaz is tasked with
driving operational expansion and achieving double digital growth for Verifone’s growing
portfolio of services and solutions. His management time is split between the company’s offices
in Turkey, Nigeria, South Africa and Israel.

Since joining Verifone in 2006, Bulent has held wide range of leadership roles including product
development, vice president of marketing, vice president of North America Financial Group, and
vice president of Media Solutions. Prior to joining Verifone, Bulent worked for a successful
payment systems company as director of product development and assistant VP of marketing
and business development.

Bulent received an MBA from Hofstra University in Hempstead, New York.

Steve Aliferis

President, Verifone Asia Pacific

Steve Aliferis joined Verifone as president of Verifone’s Asia Pacific region in August 2015.
Based in Singapore, Steve is responsible for leveraging our relationships with some of the
world’s largest banks and acquirers, aligning our global product and GTO organizations and
driving new revenue opportunities for our clients in this region.

With more than 20 years of experience in the payments and banking industries, Steve is a
proven leader and business builder. Prior to joining Verifone, he held executive management
positions with Commonwealth Bank of Australia, National Australia Bank and Assure
Worldwide. Most recently, Steve served as the head of Business Banking, Product and
Australian Financial Services at Westpac Group, one of the largest financial services institutions
in Australia and New Zealand.

Robin Lykins

Senior Vice President, Chief People Officer

Robin Lykins serves as Verifone’s Chief People Officer (CPO). As CPO, Robin is responsible for setting the direction of Verifone’s global human resources functions and its
leadership, culture and talent management strategy.

Robin joined Verifone in 2015 as Vice President of Human Resources leading its global product and technology groups. With more than 20-years’ experience as an HR executive
in high-tech industries, she has an outstanding background in culture transformation, organizational development, talent acquisition and change management. Prior to joining
Verifone, Robin served as VP of Human Resources at Risk Management Solutions (RMS) and Megapath. Prior to this, she spent over seven years with California Eastern
Laboratories as VP of Human Resources.

She holds a bachelor’s in organization behavior and a master’s in organization development, both from the University of San Francisco and is a Certified Executive Coach.

Board of Directors

Robert W. Alspaugh

Mr. Alspaugh has served as a director since September 2008. From 2002 to 2006, Mr. Alspaugh served as CEO of KPMG International and from 1998 to 2002, Mr. Alspaugh served as Deputy Chairman and Chief Operating Officer of KPMG’s U.S. Practice. He joined KPMG in the Denver office in 1969 and was elected partner in 1978. In addition to providing more than ten years of service on the management committee and four years on the board of directors of KPMG, Mr. Alspaugh served on the board of KPMG International and was responsible for implementing the strategy of the global organization, which included member firms in 150 countries and more than 100,000 employees.

Mr. Alspaugh is currently a member of the boards of directors of Ball Corp., a supplier of metal and plastic packaging for beverages, food and household products, and of aerospace technologies and services to defense and civilian government agencies, Autoliv, Inc., a developer, manufacturer and supplier of safety systems to the automotive industry and Triton Container International, Ltd., a leader in container leasing. Mr. Alspaugh also serves on the board of directors of DSGI Technologies, Inc., a privately-held company. Mr. Alspaugh serves as the chairman of the audit committees of Triton Container, Autoliv and Ball Corp. He also serves on the compliance committee for Autoliv and the finance committee for Ball Corp.

Among other skills and qualifications, Mr. Alspaugh brings to our Board substantial global financial management and accounting expertise, which is relevant to our business and has led our Board to determine that he is an “audit committee financial expert,” as defined by the SEC. Additionally, Mr. Alspaugh’s extensive global management and leadership experience is relevant to his oversight role on our Audit Committee given the global nature of our operations and the related complexities. Mr. Alspaugh serves as the Chairman of our Audit Committee, is one of our Audit Committee financial experts and also serves on our Corporate Governance and Nominating Committee. Mr. Alspaugh holds a BBA degree (summa cum laude) in accounting from Baylor University.

Karen Austin

Ms. Austin has served as a director since June 2014. Ms. Austin has served as Senior Vice President and Chief Information Officer of Pacific Gas & Electric Company, a natural gas and electric utilities company headquartered in California, since June 2011. Before joining PG&E, Ms. Austin served as Senior Vice President and President of Consumer Electronics of Sears Holdings Corporation from January 2009 to May 2011 and as its Executive Vice President and Chief Information Officer from March 2005 to January 2009. Ms. Austin joined Kmart Corporation in 1984 and served, before its merger with Sears, Roebuck and Co. in 2005, as its Senior Vice President and Chief Information Officer from April 2002 to March 2005 and Vice President, Applications from January 2000 to April 2002.

Paul Galant

Mr. Galant has served as our CEO and a director since October 2013.

Prior to joining Verifone, Mr. Galant served as the CEO of Citigroup Inc.’s Enterprise Payments business since 2010. In this role, Mr. Galant oversaw the design, marketing and implementation of global business-to-consumer and consumer-to-business digital payments solutions. From 2009, Mr. Galant served as CEO of Citi Cards, heading Citigroup’s North American and International Credit Cards business. From 2007 to 2009, Mr. Galant served as CEO of Citi Transaction Services, a division of Citi’s Institutional Clients Group. From 2002 to 2007, Mr. Galant was the Global Head of the Cash Management business, one of the largest processors of payments globally. Mr. Galant joined Citigroup, a multinational financial services corporation, in 2000. Prior to joining Citigroup, Mr. Galant held positions at Donaldson, Lufkin & Jenrette, Smith Barney, and Credit Suisse.

Mr. Galant currently serves on the board of directors of Conduent Inc., a publicly-held business process services provider and APX Group Holdings, Inc., a privately-held home automation services provider.

Mr. Galant brings to our Board, among other skills and qualifications, leadership and expertise with respect to global payments solutions, broad knowledge of the payments and financial services industries, and leadership and management of complex, global organizations. Mr. Galant holds a Bachelor’s degree from Cornell University where he graduated a Phillip Merrill Scholar.

Alex W. (Pete) Hart

Chairman

Mr. Hart has served as a director since July 2006 and the Chairman of the Board since June 2014. Mr. Hart has been an independent consultant to the financial services industry since November 1997. From August 1995 to November 1997, he served as CEO and from March 1994 to August 1995 as Executive Vice Chairman of Advanta Corporation, a diversified financial services company. From 1988 to 1994, he was President and CEO of MasterCard International, the worldwide payment service provider.

Mr. Hart is currently a member of the board of directors of Mitek Systems, Inc., a mobile video technology company (since December 2010), and serves also serves as chairman of their compensation committee and as a member of their governance committee. Mr. Hart also serves as a director and member of the compensation committee for BrightVolt, Inc. (formerly Solicore, Inc.), a private company that develops and manufactures embedded power solutions. From April 2001 until April 2012, Mr. Hart served as Chairman of the Board and a director of SVB Financial Group. Mr. Hart also previously served on the board of directors and compensation committee of Fair Isaac Corporation, a predictive software company. From February 2001 to November 2015, Mr. Hart also served as a director of Global Payments, Inc., a provider of payment technology services.

Among other skills and qualifications, Mr. Hart has been an active participant in the payments and financial services industry for more than 40 years including as senior executive, director and consultant, and further, Mr. Hart’s payments industry experience ranges from executive roles at banks, issuers, acquirers and card associations, all of which provide unique insight into our business operations and strategy. The wide spectrum of Mr. Hart’s business and professional experience within the payments industry strongly complements the attributes of our other directors. Mr. Hart serves on our Corporate Governance and Nominating Committee. He holds a bachelor degree in social relations from Harvard University.

Larry A. Klane

Mr. Klane has served as a director since December 2017. Mr. Klane is a Co-Founding Principal at Pivot Investment Partners LLC, an investment firm founded in 2014 that is exclusively focused on financial technology and financial services companies. Prior to Pivot, Mr. Klane was the Global Financial Institutions Leader at Cerberus Capital Management. In this capacity, he worked to maximize the value of the firm's financial services activities, including new transactions as well as the existing portfolio of companies. He served on the Board of Directors of Aozora Bank, a publicly-traded bank in Japan in which Cerberus held a controlling interest. Mr. Klane joined Cerberus after serving as Chairman and CEO of Korea Exchange Bank, a leading publicly-traded Korean commercial and retail bank of approximately $100 billion of assets with an international presence. He led the bank through the global financial crisis to the landmark sale by the Bank's major private equity shareholder the largest transaction in Korean banking history. He served as CEO from April 2009 to February 2012 and as Chairman from November 2010 to February 2012. Prior to leading Korea Exchange Bank, Mr. Klane was President of the Global Financial Services division of Capital One Financial Corporation. He joined Capital One in 2000 to help lead Capital One's transformation to a diversified financial services business. His responsibilities during his tenure at Capital One included a broad range of consumer and business finance activities in the United States, Europe and Canada. He also oversaw all merger and acquisition activities. He served as President and Director of Capital One Federal Savings Bank as well as Chairman of the Board of Capital One Bank (Europe) Plc based in London, both subsidiaries of Capital One Financial Corp.

Mr. Klane currently serves as a director of Nexi Group S.p.A, a leading privately held company in Italian payments, as well as Ethoca Limited, a privately held global network between issuers and merchants.

Mr. Klane brings to our Board his experience as a chief executive officer as well as his extensive background in financial services and payments. Mr. Klane serves on our Compensation and Leadership Development Committee. He is a graduate of Harvard College and the Stanford Graduate School of Business.

Jonathan I. Schwartz

Mr. Schwartz has served as a director since June 2014. Mr. Schwartz has served as the CEO and President of Care Zone Inc., an Internet service for family caregivers, since April 2010. From 1996 to February 2010, Mr. Schwartz served in various capacities at Sun Microsystems, Inc. prior to its acquisition by Oracle Corporation, including from April 2006 to February 2010 as CEO and a member of the board of directors. Prior to Sun, Mr. Schwartz was the founder, President and CEO of Lighthouse Design, Ltd., which was ultimately acquired by Sun in 1996, and began his career with McKinsey & Company, Inc. Mr. Schwartz was previously a member of the board of directors of Silver Spring Networks, Inc.

Mr. Schwartz brings to our Board proven operational and strategic expertise, with a strong background in technology and solutions. His experience as chief executive officer of a number of high-tech companies, as well as board and committee member of other high-tech public and private companies, provides our Board an important perspective in overseeing our business operations and strategy. Mr. Schwartz serves on our Compensation and Leadership Development Committee. He holds a B.A. in Mathematics and Economics from Wesleyan University.

Rowan M. Trollope

Mr. Trollope has served as a director since May 2017. Mr. Trollope is a 26-year veteran of the enterprise software industry. He is currently Senior Vice President and General Manager, Applications Division at Cisco Systems, Inc., an information technology company headquartered in California and focused on delivery of integrated solutions to develop and connect information technology networks. Prior to joining Cisco in 2012, Mr. Trollope served most recently as a group president at Symantec Corporation overseeing sales, marketing and product development and also in a variety of other leadership roles at Symantec commencing in 1990.

Mr. Trollope brings to the Board extensive experience in leading high-growth enterprise technology businesses in the cloud, security and small-to-medium size business sector as well as deep technical and product expertise. Mr. Trollope serves on our Audit Committee.

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